Diamonds Out of Favor with Millennial “Girls”, They Prefer Marijuana Diamonds are set to slump further, according to a hedge fund whose bet on Marijuana helped make it the world’s best performer in Y 2016. Prices of dDamonds and other precious gems may slump as much as 10% this year as they lose appeal with younger consumers […]

Rio Tinto Limited (ASX:RIO) Charged With Fraud Anglo-Australian mining giant Rio Tinto has been charged with fraud in the US and fined £27.4m in the UK after being accused of overstating the value of African coal assets. The FTSE 100 company and two of its top former executives were charged in the US of hiding […]

President Trump Committed to Righting the Wrongs of Hussein Obama Barack Obamacare is head for the shredder in the Oval Office. Tuesday, The Trump Administration proposed to repeal former President Barack Hussein Obama’s sweeping plan for paring Greenhouse gas emissions, opening a window for a revival of coal-fired electricity. The formal rollback of the Clean […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights “Gains from AutoHaul are already being realised including reduced variability and increased speed across the network, helping to reduce average cycle times.” The technology that enables cars to be driven without human intervention could soon become the norm on the rail tracks, after a mining company completed the world’s […]

Rio Tinto plc (LON:RIO) HEFFX Highlights When Gervais Jacques was invited to speak to the Greater Vancouver Board of Trade last week about the $6 billion modernization of an aluminum smelter in Kitimat in 2014 and 2015, the context of the discussion was free trade with the U.S. The U.S., after all, is a major […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto has hailed a more productive dialogue with the State Government as the resources industry works to improve its image with regional communities. The mining giant hosted WA Premier Mark McGowan on a tour of its Dampier port facilities this month to highlight the work being done to […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights RBC Capital Markets’ Tyler Broda turned slightly less bullish on Rio Tinto plc (ADR) RIO 1.23%by downgrading the London-listed stock rating from Top Pick to Outperform with an unchanged 4,200p price target, which implies upside from Tuesday’s opening price of 3,382.50p. One of the reasons to support a continued […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Metal prices are likely to remain volatile for the rest of year, the boss of mining group Rio Tinto has warned, while promising investors the company can keep delivering healthy returns. The FTSE 100 miner has benefitted from a recovery in the price of iron ore, the steelmaking ingredient […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights When Rio Tinto opens the resources sector reporting season tomorrow, the focus will be on increased cash returns, not governance issues, even after Rio’s Guinea problems were upgraded to a corruption probe last week and its lead independent director recently stepped down over separate fraud charges. Investors will be […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto is poised to return more cash to shareholders next week with the miner set to unveil a healthy interim dividend and more money for share buybacks after enjoying rising commodity prices. The FTSE 100 company could ­increase returns to shareholders by up to $2.5bn (£1.91bn) when it […]

A-Cap Resources Limited (ASX:ACB) HEFFX Highlights A-Cap Resources Ltd (APCDF) shares are being closely watched as the Rank Correlation Indicator has shown an upward 3 bar near-term trend, indicating that a reversal might be near. If the shares reach the +80 level, this would signify that the shares have entered overbought territory. The indicator Spearman […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights Rio Tinto shareholders could be set for a treat when it reveals its first half profits in August, with RBC Capital Markets saying the miner could pay a $US1 billion special dividend. The broker says Rio Tinto (RIO) is in a good position to pay out an additional dividend […]

Rio Tinto Limited (ASX:RIO) Lowers Iron Ore Forecast Rio Tinto lowered its forecast for iron ore shipments on Tuesday by up to 10m tonnes — but analysts said the revised estimate would not stop the Anglo Australian mining group returning cash to shareholders and could help support the price of the commodity. Rio said it […]

Rio Tinto Limited (ASX:RIO) Aims To Be King It has been just over a year since Jean-Sébastien Jacques took over the reins at Rio Tinto. The 45-year-old France-born executive knows there is much more still to do to restore investor confidence in the sector. Years of profligate spending and dealmaking left the industry saddled with huge […]

Rio Tinto Limited (ASX:RIO) HEFFX Highlights A man has died at a Rio Tinto iron ore mine in WA’s Pilbara. The man, who police believe was aged in his early 50s was found at the Yandicoogina mine, northwest of Newman, just after midday on Tuesday. Police and Department of Mines safety officers are at the […]

Rio Tinto plc (ADR) (NYSE:RIO) HEFFX Highlights Rio Tinto shareholders have given their backing to the sale of the company’s Australian coal assets to China’s state-backed Yancoal for $2.69bn, spurning a bid by rival Glencore. Shareholders in the UK and Australia voted overwhelmingly in favour of the deal, with 97.2 per cent of a little […]

President Trump Champions US Energy Dominance $USO, $UNG, $SRE Thursday, The Trump Administration said Thursday it is taking steps to expand Crude Oil drilling in the Arctic and Atlantic oceans as President Donald Trump continues to push for US “energy dominance” in the global market. The Interior Department is rewriting a 5-year drilling plan established […]

Whitehaven Coal Ltd (ASX:WHC) To Expand Out Of New South Wales The NSW government has fined Namoi Mining and Uralla Shire Council $15,000 after rain in August and September last year resulted in polluted stormwater being discharged into local waterways. NSW Environment Protection Authority (EPA) regional manager Lindsay Fulloon said both incidents were preventable with […]

President Trump Ended Mr. Hussein Obama’s ‘War on America Business’ $DIA, $SPY, $QQQ The record highs marked in the US stock market at the end of last week is America’s “seal of approval” for President Donald Trump’s pulling out out of the Paris accord, as wars on business and fossil fuels come to an end, […]

Thailand Stocks: Energy Earth PCL (BKK:EARTH) Under Pressure Energy Earth PCL (BKK:EARTH) is under substantial pressure at the moment however the stock is reading as oversold in here, if it can hold this range now it may well be able to recover. The company almost doubled revenue but took a beating at the profit level […]

World War 3: When China Get Bored with NKorea’s Petulance it will “Stamp it Out” A government-run news agency in North Korea jabbed at China by warning of “grave consequences” over its involvement in North Korea’s feud with the West. According to The Korea Times, Kim Chol wrote an opinion piece for the Korean Central […]

Investment in Renewable Energy Dives Globally, Prices Fall A UN report says global investments in renewable energy fell by nearly 25% last year amid a drop in prices and lower spending in some markets. The United Nations Environment Program said last week that overall investments reached $241.6-B last year, down from $312.2-B in Y 2015. […]

President Trump Unwinding Obama’s Global Warming Initiatives Paris Climate Accord a “Bad Deal” US President Donald Trump in the coming days will sign a new executive order that unwinds Mr. Hussein Obama’s plan to curb global warming, the head of the Environmental Protection Agency (EPA) said Sunday. EPA chief Scott Pruitt said the executive order […]

President Trump’s Budget Cuts Off Cronyism What President Donald Trump’s budget does to the Department of Energy “is a breath of fresh air,” Heritage Foundation said in a statement Thursday. The Heritage Foundation argues that the Department of Energy (DOE), which is tasked with maintaining the nation’s arsenal of nuclear weapons, conducting nuclear research, and […]

OPEC’s Job Now Tougher with Trump Win $CVX, $XOM, $RDS.A, $BP, $TOT, $OIL OPEC’s job of trying to prop up Crude Oil prices has just got much, much harder. With Donald Trump winning the US Presidential election, the 14-country Crude Oil-producing cartel may have to battle a sourer outlook for the global economy and weaker […]

China, the World’s Economic Driver and Polluter Here is something to get your head around. These figures may be a little high given the slowdown in world economy. But, this moves the Chinese from Stratospheric to Upper Atmosphere. China has 19% of the world’s population, but it consumes: 53% of the world’s Cement 48% of […]

Air Pollution in the US, the Major Cause is Linked to Farming $YARIY, $MOS The # 1 cause of air pollution in much of the US today is linked to farming and fertilizer, specifically to the N (nitrogen) component of fertilizer used to supposedly enrich the soil and grow bigger crops. A new study, published […]

Donald Trump, ” I think I have got Obama rattled.” $TRP Donald Trump turned the tables on US President Barack Hussein Obama Friday, telling the world that Obama is the one who’s “rattled.” Donald Trump responded to Mr. Obama’s assertion a day before that world leaders are rattled by Trump and have good reason to […]

New EPA Rules Target Methane Leaks, Flaring & Venting Following US President Barack Obama’s promise to cut toxic methane leaks at Oil & Gas facilities, the US Environmental Protection Agency (EPA) on Thursday, 12 May announced the US government’s “1st-ever” set of standards to reduce such emissions. The new regulations were criticized by environmentalist critics as not far-reaching enough. The […]